Thor Explorations Ltd. Cash Flow Conversion Efficiency
Thor Explorations Ltd. cash flow conversion efficiency. Based on the latest financial reports, Thor Explorations Ltd. (THX) has a cash flow conversion efficiency ratio of 0.116x as of June 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$53.05 Million ≈ $38.38 Million USD) by net assets (CA$458.88 Million ≈ $331.94 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Thor Explorations Ltd. (2001–2025)
Cash flow conversion efficiency of Thor Explorations Ltd. from 2001 to 2025. This chart illustrates how Thor Explorations Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View Thor Explorations Ltd. (THX) share price today for real-time trading data and today's change.
Thor Explorations Ltd. Cash Flow Conversion Ratio Explained
Thor Explorations Ltd. cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Thor Explorations Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Thor Explorations Ltd. ranked by their cash flow conversion efficiency. Also see Thor Explorations Ltd. (THX) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Idp Education Ltd
AU:IEL
|
0.302x |
|
Ningbo Jianan Electronics Co Ltd
SHE:300880
|
0.076x |
|
Fibra Shop
MX:FSHOP13
|
0.024x |
|
Shenzhen Huijie Group Co Ltd
SHE:002763
|
0.048x |
|
Jinyuan Cement Co Ltd
SHE:000546
|
0.034x |
|
Lanner Electronics
TWO:6245
|
0.034x |
|
Trade-Van Information Services Co
TW:6183
|
0.038x |
|
Napatech A/S
OL:NAPA
|
-0.214x |
Annual Cash Flow Conversion Efficiency for Thor Explorations Ltd. (2001–2025)
The table below shows the annual cash flow conversion efficiency of Thor Explorations Ltd. from 2001 to 2025. Review Thor Explorations Ltd. (THX) free cash flow to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$380.01 Million ≈ $274.89 Million |
CA$185.66 Million ≈ $134.31 Million |
0.489x | +59.21% |
| 2024-12-31 | CA$201.25 Million ≈ $145.58 Million |
CA$61.76 Million ≈ $44.68 Million |
0.307x | -43.58% |
| 2023-12-31 | CA$147.94 Million ≈ $107.02 Million |
CA$80.47 Million ≈ $58.21 Million |
0.544x | -44.06% |
| 2022-12-31 | CA$86.78 Million ≈ $62.78 Million |
CA$84.39 Million ≈ $61.05 Million |
0.972x | +426.91% |
| 2021-12-31 | CA$75.17 Million ≈ $54.38 Million |
CA$-22.36 Million ≈ $-16.18 Million |
-0.297x | -183.42% |
| 2020-12-31 | CA$77.91 Million ≈ $56.36 Million |
CA$27.78 Million ≈ $20.10 Million |
0.357x | +822.26% |
| 2019-12-31 | CA$52.58 Million ≈ $38.04 Million |
CA$-2.60 Million ≈ $-1.88 Million |
-0.049x | -30.45% |
| 2018-12-31 | CA$42.83 Million ≈ $30.99 Million |
CA$-1.62 Million ≈ $-1.17 Million |
-0.038x | -21.61% |
| 2017-12-31 | CA$33.10 Million ≈ $23.95 Million |
CA$-1.03 Million ≈ $-745.21K |
-0.031x | +2.08% |
| 2016-12-31 | CA$31.83 Million ≈ $23.03 Million |
CA$-1.01 Million ≈ $-731.81K |
-0.032x | -41.93% |
| 2015-12-31 | CA$13.56 Million ≈ $9.81 Million |
CA$-303.55K ≈ $-219.58K |
-0.022x | +37.67% |
| 2014-12-31 | CA$12.53 Million ≈ $9.06 Million |
CA$-450.10K ≈ $-325.60K |
-0.036x | +42.82% |
| 2013-12-31 | CA$12.42 Million ≈ $8.98 Million |
CA$-780.12K ≈ $-564.32K |
-0.063x | +43.20% |
| 2012-12-31 | CA$10.00 Million ≈ $7.23 Million |
CA$-1.11 Million ≈ $-799.89K |
-0.111x | -19.65% |
| 2011-12-31 | CA$5.68 Million ≈ $4.11 Million |
CA$-524.73K ≈ $-379.58K |
-0.092x | -226.02% |
| 2010-12-31 | CA$2.90 Million ≈ $2.10 Million |
CA$-82.23K ≈ $-59.48K |
-0.028x | +61.10% |
| 2009-12-31 | CA$2.98 Million ≈ $2.15 Million |
CA$-216.88K ≈ $-156.89K |
-0.073x | +42.87% |
| 2008-12-31 | CA$1.74 Million ≈ $1.26 Million |
CA$-221.53K ≈ $-160.25K |
-0.128x | -132.77% |
| 2007-12-31 | CA$2.03 Million ≈ $1.47 Million |
CA$-111.44K ≈ $-80.61K |
-0.055x | +83.55% |
| 2006-12-31 | CA$280.21K ≈ $202.70K |
CA$-93.35K ≈ $-67.53K |
-0.333x | +23.84% |
| 2005-12-31 | CA$99.02K ≈ $71.63K |
CA$-43.31K ≈ $-31.33K |
-0.437x | +34.47% |
| 2004-12-31 | CA$166.09K ≈ $120.15K |
CA$-110.87K ≈ $-80.20K |
-0.667x | +33.81% |
| 2003-12-31 | CA$32.46K ≈ $23.48K |
CA$-32.74K ≈ $-23.68K |
-1.008x | -66.00% |
| 2002-12-31 | CA$99.30K ≈ $71.83K |
CA$-60.32K ≈ $-43.63K |
-0.607x | -98.55% |
| 2001-12-31 | CA$155.12K ≈ $112.21K |
CA$-47.46K ≈ $-34.33K |
-0.306x | -- |
About Thor Explorations Ltd.
Thor Explorations Ltd., together with its subsidiaries, engages in the production, development, and exploration of gold. The company also explores for silver and lithium deposits. Its flagship property is the Segilola Gold Project in Nigeria. Thor Explorations Ltd. was incorporated in 1968 and is based in Vancouver, Canada.